2 May 2022
HAMILTON, BERMUDA – The Bermuda Monetary Authority (Authority) has levied civil penalties totalling $981,000 on Conyers Corporate Services (Bermuda) Limited (Company), a local entity licenced under the Corporate Service Provider Business Act 2012 (CSPB Act).
The civil penalties have been levied on the Company for historic failures to adequately comply with the CSPB Act and the Proceeds of Crime (Anti-Money Laundering & Anti-Terrorist Financing) Regulations 2008 (Regulations).
